(Business in Cameroon) - In the 2014 list of the 200 best African banks that has just been published by the pan-African publication, Jeune Afrique, Central Africa saw 13 of its banks, including 6 from Cameroon. Ranked 63rd overall and up 6 places compared to the previous year, the Cameroonian company Afriland First Group is, according to the list, the number one bank in Cameroon and number two in Central Africa behind the Gabonese group, BGFI.
Then comes Afriland First Bank, the Afriland First Group’s leader, which has moved-up 8 places among African companies (137th) since last year’s ranking (145th); Société générale (144th overall – falling by one place) ; BICEC, which slipped 4 places overall (148th); SCB Cameroon, which has lost 8 places among African institutions (183rd); and Ecobank Cameroun, which moved up 6 places since its previous ranking.
Overall, despite some minor reshuffling, and the remarkable performances of Ecobank and Afriland First Group, as well as SCB Cameroon’s tumble, the national rankings have not changed. The top three banks in Cameroon remain Afriland First Bank, SGC and BICEC. This has been the ranking for over 5 years with merely a slight change in order among them.